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Old 20-03-2022, 12:17 AM
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This is not possible. The very nature of audit is process driven and backwards looking. The very reason for doing audits in the first place also owes itself to regulations.

If there's any service line that is ripe for more automation and replacement by AI, audit would be one of the prime candidates. The only reason why it is not done, is because its cheaper to hire malaysians and outsource to philippines, than invest in automation tech.
This is true but Now accountants using old tech like optical character recognition. Anw even if they implement, more ppl will get slash.
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